Solar Power Systems
You could be excused if you thought Australians have a love affair with Solar. It’s true!
In March 2013 the Clean Energy Council confirmed that the number of Australian homes with rooftop solar had reached the magic one million milestone. The east coast leads the way, with Qld heading up NSW & Victoria in terms of generation capacity.
The rooftop solar market really began to fire in 2008, with Qld introducing a 44c net Feed-in Tariff (FiT). Other States soon followed with various FiTs culminating with NSW and the ACT offering a gross 60c FiT (a full history can be found at https://en.wikipedia.org/wiki/Feed-in_tariffs_in_Australia ).
For those that got in early enough to participate in these schemes, they have benefited from all that the sun has thrown at us! Some homes will continue to benefit, with some FiTs lasting many more years, while others have since expired, or will soon expire (like NSW’s gross 60c FiT). New solar customers will unfortunately get the new lower FiT rates that are now on offer by our Electricity Retailers (typically 6-12c/kWh).